Apeiron RIA LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 167.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 23,396 shares of the exchange traded fund’s stock after acquiring an additional 14,662 shares during the period. Apeiron RIA LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,818,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after purchasing an additional 44,234,543 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 18.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after buying an additional 860,164 shares during the last quarter. Aozora Bank LTD. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $198,507,000. The Manufacturers Life Insurance Company boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 141.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after buying an additional 769,615 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 30.1% during the second quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock worth $90,949,000 after buying an additional 243,793 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.
Key Stories Impacting iShares 20+ Year Treasury Bond ETF
Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:
- Positive Sentiment: Foreign investors bought approximately 80% of the Treasury’s $39 billion long-term bond auction, signaling robust demand that could support prices for long-duration Treasuries and benefit TLT. Foreign Buyers Took 80% of the Treasury’s $39 Billion Auction
- Positive Sentiment: Growing recession warnings and signs that the economy is struggling under borrowing costs could eventually increase demand for safe-haven Treasuries and raise expectations for future rate cuts, a positive for TLT. Recession Warning: The Signals Are Lining Up
- Positive Sentiment: Markets are sharply reducing expectations for an October rate hike, which lowers the near-term pressure on long-duration bonds, although the underlying jobs data remains uncertain. October Rate-Hike Odds Just Fell From 51% to 19% in One Week
- Neutral Sentiment: Escalating Middle East tensions may generate safe-haven demand for Treasuries, but higher energy prices could worsen inflation and keep yields elevated. Markets Struggle As Middle East Conflict Heats Up
- Neutral Sentiment: Signs that bond-market turmoil is cooling could stabilize investor sentiment, while high oil prices continue to favor energy assets over long-duration bonds. Energy ETFs to Watch as Bond Market Carnage Shows Signs of Cooling
- Negative Sentiment: The Fed’s unanimous September rate increase, combined with officials’ preference for another hike before year-end, remains a significant headwind for TLT because higher rates reduce the value of existing long-term bonds. Every Fed Official Backed September’s Hike. Most Want One More Before New Year’s
- Negative Sentiment: Treasury yields reached a 24-year high, pressuring bond prices and highlighting the risk that TLT could remain volatile if long-term yields continue rising. Markets Turn Lower As Treasury Yields Hit 24-Year High
- Negative Sentiment: Investors are focused on September inflation data; a hotter-than-expected reading would reinforce expectations for higher rates and weigh on long-duration Treasury ETFs. What Investors Might Expect From September’s Inflation Report
iShares 20+ Year Treasury Bond ETF Price Performance
iShares 20+ Year Treasury Bond ETF Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3116 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 annualized dividend and a dividend yield of 4.8%.
About iShares 20+ Year Treasury Bond ETF
iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.
Further Reading
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